12:20 PM EST - PC Gold Inc : reported that drilling in the core area of the newly discovered shallow gold system at Central Pat East ("CPE") continues to deliver a well-established pattern of very broad low-grade intercepts encompassing higher grade shoots. The latest results underscore yet again the potential for CPE to host a combined open-pittable and underground resource as add-on potential to the recently released high quality 1.26 million ounce NI 43-101 inferred gold resource (10,150,000 tonnes averaging 3.9 g/t gold, cut and diluted) located in the Pickle Crow gold mine two kilometres to the southeast. This includes a higher grade underground component comprising 1.1 million ounces averaging 5.4 g/t gold, including a high-grade vein component of 600,000 ounces averaging 9.3 g/t gold, which the Company is focused on developing, and for which it intends to deliver a completed preliminary economic assessment by the end of the summer. PC Gold Inc
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